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Cuba - Index of economic freedom

27.80 (score) in 2019

Index of economic freedom of Cuba slumped by 12.85% from 31.90 score in 2018 to 27.80 score in 2019. Since the 13.76% surge in 2017, index of economic freedom sank by 17.99% in 2019.

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What is index of economic freedom?

Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. 100 represents the maximum freedom.

What is Cuba index of economic freedom?

Date Value Change, %
2019 27.80 -12.85%
2018 31.90 -5.90%
2017 33.90 13.76%
2016 29.80 0.68%
2015 29.60 3.14%
2014 28.70 0.70%
2013 28.50 0.71%
2012 28.30 2.17%
2011 27.70 3.75%
2010 26.70 -4.30%
2009 27.90 1.45%
2008 27.50

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